JHPI vs VOO
John Hancock Preferred Income ETF vs Vanguard S&P 500 ETF
Which is better, JHPI or VOO?
Preferred Stock against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | JHPI | VOO |
|---|---|---|
| Expense Ratio | 0.54% | 0.03%Best |
| AUM | $228M | $1.0T |
| Dividend Yield | 6.22% | 1.05% |
| Holdings | 430 | 519 |
| YTD Return | -0.42% | +11.07%Best |
| 1Y Return | +0.51% | +11.71%Best |
| 3Y Return (annualized) | +8.34% | +21.10%Best |
| 5Y Return (annualized) | +3.05% | +11.55%Best |
| Volatility (annualized) | 8.2%Best | 15.5% |
| Max Drawdown | -13.4%Best | -24.5% |
| $10,000 over 5 years | $11,621 | $17,272Best |
| Fund Family | John Hancock Investment Management | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Preferred Stock | Large Cap Blend |
| Inception | Dec 14, 2021 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 15, 2021 to Nov 9, 2026 (4.9 years).
JHPI vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.9 years both funds cover.
JHPI vs VOO Performance
John Hancock Preferred Income ETF (JHPI) is an ETF from John Hancock Investment Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year JHPI returned +0.51% while VOO returned +11.71%. Year to date, JHPI is down 0.42% versus a gain of 11.07% for VOO.
Over three years, JHPI compounded at +8.34% per year against +21.10% for VOO; over five years the annualized figures are +3.05% and +11.55% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 8.2% for JHPI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.4% for JHPI and -24.5% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JHPI charges 0.54% per year while VOO charges 0.03%. On a $10,000 position that is $54 vs $3 annually, a gap of $51 per year that compounds over a long holding period. On income, JHPI currently yields 6.22% against 1.05% for VOO.
Holdings Overlap
At least 6.0% of VOO's money is in holdings JHPI also owns.
Stated as a floor: for JHPI, our book for it covers 64.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VOO and JHPI share little of their money.
40 positions in common, counted across the 133 positions we hold weights for in JHPI and 506 in VOO, against full books of 430 and 519.
Top Shared Holdings
| Stock | Weight in JHPI | Weight in VOO | Difference |
|---|---|---|---|
| JPMJpmorgan Chase | 0.63% | 1.33% | 0.70% |
| TAT&T Inc. | 0.80% | 0.25% | 0.55% |
| NEENextera Energy Inc | 0.80% | 0.24% | 0.56% |
| CFGCitizens Financial Group Inc. | 0.91% | 0.04% | 0.87% |
| SCHWSchwab Strategic T | 0.65% | 0.24% | 0.41% |
| XELXcel Energy Inc. | 0.79% | 0.07% | 0.72% |
| ETREntergy Corp. | 0.78% | 0.07% | 0.71% |
| MSMorgan Stanley | 0.51% | 0.34% | 0.17% |
| DDominion Energy Inc | 0.75% | 0.08% | 0.67% |
| SRESempra Common Stock | 0.74% | 0.08% | 0.66% |
You are not choosing between two funds in isolation.
Whichever of JHPI and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JHPI or VOO?
JHPI has an expense ratio of 0.54% while VOO charges 0.03%. VOO is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, JHPI or VOO?
Over the past year JHPI returned +0.51% vs +11.71% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JHPI or VOO?
VOO has been the more volatile fund at 15.5% annualized versus 8.2% for JHPI. Worst drawdown: JHPI -13.4% vs VOO -24.5%.
Should I hold both JHPI and VOO?
JHPI and VOO have a monthly-return correlation of 0.70, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between JHPI and VOO?
At least 6.0% of VOO's money is in holdings JHPI also owns. Our book for JHPI is partial, so the real figure is this or higher. They hold 40 positions in common, counted across the 133 positions we hold weights for in JHPI and 506 in VOO.
Which pays a higher dividend, JHPI or VOO?
JHPI yields 6.22% while VOO yields 1.05%, so JHPI currently pays the higher dividend yield.
Is VOO better than JHPI?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.